Skip to main content

About your Search

20121001
20121009
STATION
CNBC 8
LANGUAGE
Search Results 0 to 7 of about 8
CNBC
Oct 5, 2012 1:00pm EDT
warning those workers. here's the federal law and what it says. it says that companies with 100 or more workers must provide 60 days notice before mass layoffs or plant closings, or those workers can get up to 60 days of back pay if they are not notified. the republicans are crying foul and eamon javers picks under the story. >> reporter: here's what the omb said in late september -- it is neither necessary or appropriate for federal contractors to provide warn act notice to employees 60 days in advance of the potential sequestration because of the uncertainty about whether sequestration will occur. i've toualked to employees at t white house and omb about this question. their idea is this -- first of all, there's uncertainty about the fiscal cliff itself, whether it is actually going to happen or not. they say that the warn act is only required for those planning specific cutbacks and specific plant closings and they say since the employers in this case federal contractors don't know that sequestration is going to happen, therefore they don't have any specific information. and also the
CNBC
Oct 8, 2012 6:00am EDT
.s. laws. it is likely to become fodder for the u.s. presidential campaign, and there was a big piece -- >> on "60 minutes" and "wall street journal" and chavez won. >> apparently this is just a rumor, the bls the entire of bureau labor statistics from here was flown down to venezuela to monitor the election. >> the chicago guys were thrown down. >> ba-dum-boom. let's get to the story, the venezuelan president hugo chavez as joe was just saying -- >> 54-45. >> comfortable election victory that could extend his rule to 20 years. the next election isn't officially for six years but you had tens of thousands of ecstatic supporters flooding the streets around the presidential palace in downtown caracas, pumped their fists in the air and started shouting chavez's name. enrique capriles, he was beat by more than nine points. it will extend a wave of nationalizations and continue his support for left wing allies. we've heard how important this is for cuba, he has billions at his fingertips because of the oil produced there. this is the country we think has the biggest oil reserves in the wor
CNBC
Oct 5, 2012 12:00pm EDT
a jobs on another front. some republicans say the white house is bending labor laws for votes. senator john mccain is with us live. we'll talk about that and more with the last time presidential candidate on the gop side and the age old debate wall street bankers are they overpaid and are more cuts ahead. we got that and more top of the hour, jobs. >> sounds great. not often a finance minister is laughed at when tlifrg a speech but that's exactly what happened to spain's finance minister when he told a crowd in london that his country doesn't need a bailout. he was speaking to students at london school of economics and they chuckled at that. nevertheless the euro moving above 1.35 versus u.s. dollar. boris, good to see you. what do you make of the situation with the euro, with merkel going to greece next week, walking in to the lion's den. messy day. >> yes. but i think ultimately what you have to take away from this week is when draghi came out and said don't mess with me. basically there's a coalescing of ideas in the eurozone now around the ont and esm where most of the european key
CNBC
Oct 8, 2012 1:00pm EDT
law enforcement agencies. they claim, at least, that huawei may be in violation of certain laws. we'll see. again there is a great deal of conjecture in today's report but you you need to sort of connect the dots to really get to the final conclusion that says, hey, these guys are really bad guys. that being said, it's a huge issue between the united states and china. not that we don't have many of them. we also talked to chairman rogers about that as well this morning. they are, as we all know, one of the largest holders of our debt. they are one of our largest trading partners. but this is an issue that many feel need to be elevated to that same level of importance when we talk to chinese leaders. >> david, thank you so much. bob, down to you. >>> there are several big american tech companies who are watching this showdown very closely with china. tech correspondent jon fortt in silicon valley looking at which companies stand to win and lose in all this. >> bob, the biggest, most obvious winner here is cisco because that's huawei's arch enemy in the networking space. cisco has acc
CNBC
Oct 5, 2012 6:00pm EDT
to know. this is supposed to make people a lot of moo law. the only one problem, it doesn't. i call these kind of patterns love blankets. something to make you feel more secure. even as it's nothing more than a piece of clothe. like my baby when i was going out. give you comfort when there is no reason for it. nothing but a lovie blanket. check that. that's when the quarterback considers whom he should pass the ball to. >> hmm. >> i'm going to keep the ball myself. >> wow. >> ludicrous. okay. oops. here we go. ball, i'll just hold it. new york style and old london. here it is. always old london. a brand i know. american staples, particularly in the cramer house. i love this. i always have this. i have these in my closet. >> bagel crisps, and melba toast, which is what i feel like right now. greatest brand. j.j. flats, i'm j.j.c., these should be mine. i love these. >> i love melba toast. cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great nor
CNBC
Oct 4, 2012 1:00pm EDT
loses sunday's election. kerry? >> reporter: tyler, by law, today is the last date that candidates can campaign here today in venezuela. a huge rally. a pro-president hugo chavez rally is scheduled for right here in the capital, caracas, later today. supporters of president chavez say they believe the future of of this oil rich country is best left to president chavez's control. at 58 years old he's been a power here for 14 years. the opposition at 40 years old, young, energetic, some say a sexy candidate who believes the oil wealth here has been squandered. his promise to re-invest in the neglected oil infrastructure in this country to get more oil to market. of course, if that oil draws so much of the u.s. interest, opec estimates venezuela has the largest reserves of oil in the world. the country is currently the fourth largest supplier of oil to the united states. but experts say the industry which was nationalized under chavez has been neglected. maintenance issues and lack of investment explain why the oil output here has actually dropped 30% in the last decade. punctuating the p
CNBC
Oct 2, 2012 4:00am EDT
of the world. because people want to believe. people want to believe in the rule of law for business. there was a great hope in many of the same 200 business people would say something and he didn't. and people want to hear something that there are changes of a foot. >> which brings us back to that point and whether we'll get anything more this afternoon. >> well, jim is absolutely right. trading at almost 50% it is count to a country like brazil. there is substantial it is count that is the intrinic rush of russia. one of the steps that the government is taking is to really be more open, more transparent. this event with direct access to the heads of the government and there are also several key ministers joining us. it's a way to try to convince capital that of course there are some concerns, but there is also great opportunity for business in russia. conditions and valuations are extremely attractive compared to other bric countries. >> ricardo, thanks for that. jim, thank you, as well. >> thanks for having me on. >> jim o'neill. as far as european stocks are concerned, after good
CNBC
Oct 4, 2012 4:00am EDT
had been demonstrating against eu laws. he stood on one of the window lenls for more than 24 hours. he was complaining against an eu directive which would reform rules to licenses. operators have said the new rules threaten the jobs of some 600,000 resort workers. still to come, we talk shopping ahead of september retail sales data with a guest who says thrift may be the new bling. >>> european markets are trading town. we did see the green at the start of the show, but no longer the ftse down. same for the dax and cac. ibex held unreasonably well but also trading lower now. in the state, futures indicating a positive start to trade. just a few points higher for the s&p and nasdaq, the dow could open up by 30 points or so when trade gets under way there. on the agenda today in the u.s., weekly jobless claims out at 8:30 eastern, forecast to rise by 10,000. 10:00 a.m. brings august factor orders. expected to drop by 6%. at 2:00 the minutes from last month's fed meeting will be released. james bullard is in memphis, tennessee speaking about the economy and monetary policy. that's at 7:45
Search Results 0 to 7 of about 8